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LCX price rallies 300%+ after the launching DeFi Terminal 2.0 By Cointelegraph

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LCX price rallies 300%+ after the launching DeFi Terminal 2.0

The emergence of decentralized finance (DeFi) has reshaped the landscape of the cryptocurrency ecosystem, which was once dominated by centralized exchanges like Coinbase (NASDAQ:) and Binance and helped to make it more accessible for users and projects seeking to gain access to the markets.

DeFi was cheaper and more easily accessible for investors, projects and traders. The centralized exchanges suffered a dip in their Ether reserves, and began losing market share as more investors chose to try DeFi.

LCX/USDT Price. Source: CoinGecko
LCX 24-hour trading volume on Uniswap. Source: Uniswap
Total value locked in LCX pools on Uniswap. Source: Uniswap